Are forecasted results generally less accurate

Assignment Help Managerial Accounting
Reference no: EM132552670

TRUE or FALSE:

Question 1: Forecasted results are generally less accurate than the actual results and the most accurate forecasting is done by combining both implicit and explicit techniques.

Reference no: EM132552670

Questions Cloud

Insights about leadership and motivation : What three insights about leadership and motivation did you extract from the Lettermans Greatest Moments - Dave
How the contents of entrepreneurship education : How the contents of Entrepreneurship Education can create entrepreneurial mindset among business graduates? Explain totally in details.
The aging brain : What is the difference between normal brain changes with aging and pathological changes seen with brain diseases?
Engaging an executive search consultancy : Relying on Job ad only does not seem to lead to expected results anymore. Engaging an executive search consultancy turns
Are forecasted results generally less accurate : Forecasted results are generally less accurate than the actual results and the most accurate forecasting is done. TRUE or FALSE
What was paid for goods : What The difference between what was paid for goods and what should have been paid for goods is called?Variable labor variance
Discussing the use of encryption to protect data at rest : Write an essay of at least five hundred words discussing the use of encryption to protect data at rest, in motion, and in use. Do not copy without providing.
New kind of performance management system : The coy is thinking of a new kind of performance management system. DOES THIS MAKE SENSE IF yes how could it look like.
How the knowledge and skills obtained through meeting : You should NOT, provide an overview of the assignments assigned in the course. The assignment asks that you reflect how the knowledge and skills obtained.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Professional accounting organizations

Do other professional accounting organizations also provide guidance regarding ethics in accounting?

  What is the present value of the salvage value

Lamar's disc rate 12 %. If the discount rate the present value of an annuity of $1 at 12% for 8 years is 4.968 what is the present value of the salvage value ?

  Calculate relevant per unit cost and alternative

Lewis Auto Company manufactures a part for use in its production of automobiles. When 10,000 items are produced, the costs per unit are:

  What will the sales dollars have to be

Sales dollars $120,000 and Total fixed expenses $30,000. If Zebra wants to generate net operating income of $12,000, what will its sales dollars have to be?

  What price you will charge the business owner

Prepare calculations to determine what price you will charge the business owner for the entire project.

  Determine the best sales mix and rank the services

Determine the best sales mix and Rank the services offered in order of their profitability and what additional amount of total contribution margin would be generated if your recommendation is accepted?

  What is the contribution margin per unit sold

If the selling price is $23.40 per unit, what is the contribution margin per unit sold? (Round "Per unit" answer to 2 decimal places.)

  What is the formula for calculating the marginal cost

What is the formula for calculating the marginal cost? Explain why as the volume of production and sales increases total variable costs rise proportionately

  Does the fact that small jobs have a higher cost

Does the fact that small jobs have a higher cost in the current year suggest that prices for small jobs should be increased?

  What is the value for the variable cost per unit

Williams Inc. produces fluorescent lightbulbs for commercial use. What is value for (the variable cost per unit)? What is the value for a (the fixed quantity)?

  What is the cost per unit and the price

Using cost-plus pricing, what is the cost per unit and the price? What are advantages and disadvantages of cost-plus pricing?

  What the trade receivables collection period in days is

What The trade receivables collection period in days (to one decimal place) is? 75% of sales are on credit and the remainder are cash sales.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd